Volex plc

Equities

VLX

GB0009390070

Electrical Components & Equipment

Market Closed - London S.E. Other stock markets 11:35:14 2024-04-26 am EDT			5-day change	1st Jan Change
313 ^GBX	-0.16%		+1.29%	-1.88%

Apr. 18	Volex rises as revenue and profit set to exceed market expectations	AN
Apr. 18	Volex Flags Consensus-beating Revenue Growth for FY24	MT

Volex selected as Tesla's NACS coupler manufacturer

August 09, 2023 at 07:06 am EDT

Volex PLC - Basingstoke, England-based specialist integrated manufacturer of critical power and data transmission products - Announces it is now a licensed partner of electric vehicle maker Tesla Inc for the North American Charging Standard EV charging system. Adds it is stocked and ready to immediately supply automotive original equipment manufacturers and charging infrastructure suppliers.

"As a selected supplier of the NACS coupler, this further validates that Volex continues to be the trusted manufacturing partner of Tesla's charging system technology to the world's leading EV manufacturing companies and suppliers who utilise the NACS EV Charging system," says Chair Nat Rothschild.

Current stock price: 311.25 pence, down 0.9% at midday on Wednesday in London

12-month change: up 0.7%

By Heather Rydings, Alliance News senior economics reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	VOLEX PLC	313 GBX	-0.16%	+1.29%	710M
	TESLA, INC.	168.3 USD	-1.11%	+14.44%	537B

Latest news about Volex plc

Volex rises as revenue and profit set to exceed market expectations	Apr. 18	AN
Volex Flags Consensus-beating Revenue Growth for FY24	Apr. 18	MT
Volex plc Provides Revenue Guidance for the Financial Year Ended 31 March 2024	Apr. 18	CI
Spectra7 and Volex Announce Successful Demonstration of Industry Leading Performance for 800G Active Copper Interconnects	Feb. 06	CI
Berenberg Begins Volex Coverage at Buy	Jan. 04	MT
Jefferies cuts Tullow; Berenberg likes Volex	Jan. 04	AN
Transcript : Volex plc, H1 2024 Earnings Call, Nov 27, 2023	Nov. 27
Volex says confident for full year as revenue surge lifts profit	Nov. 23	AN
Transcript : Volex plc, Q2 2024 Earnings Call, Nov 23, 2023	Nov. 23
Volex Posts Lower Fiscal H1 Attributable Profit; Revenue Rises	Nov. 23	MT
Earnings Flash (VLX.L) VOLEX Posts Fiscal H1 Revenue $397.5M	Nov. 23	MT
Earnings Flash (VLX.L) VOLEX Posts Fiscal H1 EPS $0.08	Nov. 23	MT
Volex plc Reports Earnings Results for the Half Year Ended October 01, 2023	Nov. 23	CI
Volex plc Declares Interim Dividend, Payable on 10 January 2024	Nov. 23	CI
System1 revenue jumps; Volex takes cyber hack charge	23-10-24	AN
FTSE 100 Closes Up on Tech Earnings Expectations, Easing Bond Yields	23-10-24	DJ
Volex Sites Operating at Full Production Output Following Cyber Incident	23-10-24	MT
Volex Reports 4% Growth in Fiscal H1 Revenue	23-10-24	MT
Volex plc Provides Group Earnings Guidance for the 52 Weeks Ending 31 March 2024	23-10-24	CI
Volex plc Announces Revenue Results for the 26 Weeks Ended 1 October 2023	23-10-24	CI
Volex plc Announces Directorate Changes	23-10-20	CI
Volex hit by cyberattack but expects impact to be immaterial	23-10-09	AN
Volex Hit by Cyberattack; No Material Financial Impact Expected	23-10-09	MT
Volex Closes Acquisition of Turkish Wire Harnesses Manufacturer Murat Ticaret	23-09-01	MT
Volex plc completed the acquisition of Murat Ticaret Kablo Sanayi Anonim Sirketi.	23-08-31	CI

Chart Volex plc

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Company Profile

Volex plc is engaged in integrated manufacturing of performance-critical applications and power and data connectivity solutions. The Companyâs portfolio of products, capabilities and solutions include power cords, plugs, connectors, receptacles; integrated manufacturing services; electric vehicle charging solutions; consumer cable harnesses and power products; high-speed copper interconnect cable/data transfer cable; and data center power cables/power cords. It manufactures a range of electric vehicle charging components. It manufactures consumer cable harnesses and power products for the global white goods market offering performance through its integrated manufacturing services that cover the entire process. It delivers high-speed data cables, which undergo end-to-end testing to ensure they surpass its customersâ quality and performance requirements. The Company provides services to select power cables with the right plugs and connectors, cordage, materials, and lengths.

Sector

Electrical Components & Equipment

Calendar

2024-04-29 - HSBC UK Corporate & Investor Conference

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Ratings for Volex plc

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

3.899 USD

Average target price

5.61 USD

Spread / Average Target

+43.90%

Consensus

EPS Revisions

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Annual profits - Rate of surprise

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